BitcoinArmyCommander

$BTC Bitcoin Price Today: 1.03
Currently, Bitcoin has broken above the 90,000 downside trendline. This breakout itself is not very large, but its significance is very crucial because it directly changes the structural judgment of the medium-term and short-term trends.
From an overall perspective, the decline starting from 126,272, with its complete wave w confirmed at 80,537, is now in the larger x wave zone. This means that even a small upward breakout at a lower level can have a fundamental impact on the entire market structure, rather than just a simple rebound.
Based on the above analys

$BTC December 31st Bitcoin Price Today: Bitcoin is currently around 88,500. In the next couple of days, a relatively clear turning point is likely to occur. From the market condition, Bitcoin has been compressed within an extremely narrow range. The lower boundary is an upward trendline extending from the 80,537 low, and the upper boundary is a downward trendline from the 126,272 high.
As time progresses, the space continues to be squeezed, and it is now in a state of “no more震” (no more震动). This kind of structure usually does not last too long, and a direction will inevitably be chosen soo

$BTC 12.30 Bitcoin Price Today: Bitcoin is currently around 87,000. To be clear, do not go long at this position; this round of decline has not yet ended. From the overall structure, after Bitcoin retraced from a high, this middle section is entirely a consolidation zone during the downward process.
From a smaller timeframe perspective, a short-term rebound is possible, but regardless of the movement, there is only one final rhythm: a move downward that must at least break below 84,398. Under normal circumstances, there is a chance to see around 82,000. Whether it is a standard breakdown or

$BTC 12.29 Bitcoin Price Today: Bitcoin is currently trading around 87,000. The overall trend over the weekend has been very subdued, remaining within a very narrow range with sideways fluctuations. The community has not engaged in new trading operations in the past two days, and the pace has slowed down.
Looking back at yesterday’s technical analysis, Bitcoin still has not broken out in a clear direction. The decline starting from the 94,652 level, if viewed as an a-wave, suggests that the current sideways consolidation is more likely a triangle pattern. Once the triangle consolidation is

$BTC Bitcoin Price Today: Currently around 87,000. If a small-degree triangle is confirmed later, then a downward move at the end of the triangle would form a relatively clear ABC structure.
As long as this ABC structure holds, it can be basically confirmed that Wave W has already completed in the current zone, and all subsequent oscillations and fluctuations should be classified as part of Wave X. The characteristics of Wave X are complex, repetitive, elongated in time, and weak in directional sense. Therefore, the current oscillating market is entirely consistent with the nature of Wave X.

$BTC 12.26 Bitcoin Price Today: Bitcoin is currently trading around 87,000. The first clear advice I can give is that today you can start considering short positions.
The reason why I didn't provide a clear direction in the past few days is because there were always two possible scenarios structurally. As of today, these two possibilities have shown a clear divergence. The red route is almost confirmed, and the overall direction is becoming clearer, indicating that the market has entered a downward phase.
From a structural perspective, the rebound from the 84,398 level has now been officially

$BTC 12.25 Bitcoin Price Today: Bitcoin is currently trading around 88,000. The overall market remains relatively quiet, with no significant structural changes from yesterday, and no clear short-term direction has been indicated.
From the current chart, there are two possible evolution paths: one is starting from the 84,398 level, where a wave C upward is still needed to complete, after which a new downward move will begin; the other is that this ABC rebound has already ended in the current zone, and after oscillating and digesting within the range, the market will continue to decline.
Struct